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Non-Tech : Aames Financial (AAM) - Undervalued or what???
AAM 10.640.0%Nov 7 9:30 AM EST

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To: g.w. barnard who wrote (338)12/16/1997 1:46:00 PM
From: g.w. barnard  Read Replies (1) of 510
 
more news:
not sure what means? looks like sb is resaling some debt obligations. why?
gw

Form 424B3 for AAMES FINANCIAL CORP/DE filed on

Prospectus Supplement No. 28

The Prospectus dated November 14, 1996 (the "Prospectus") relating to the offer
for resale of up to $115,000,000 aggregate principal amount of 5.5% Convertible
Subordinated Debentures due 2006 of Aames Financial Corporation (the "Company")
and 6,160,713 shares of the common stock of the Company, par value $0.001 per
share, into which such Debentures are convertible is hereby amended as follows:

The following entity is hereby named as a Selling Security Holder as
contemplated on page 33 of the Prospectus:

Selling Security Holder Principal Amount of Debentures
----------------------- ------------------------------
Saloman Smith Barney Inc. $3,360,000.00
Convertible Bond Department
Attn: Kelly O'Brien
390 Greenwich Street
New York, New York 10013

The date of this Prospectus Supplement is December 15, 1997.
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